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Strata title practice common in M'sia
12/08/2007 The Electric New Paper
http://tnp.sg/speakup/story/0,4136,138473,00.html

WE refer to the report, 'Where Are Our Strata Titles?' (The New Paper, 6 Aug), and would like to elaborate on some points on behalf of our client, Leisure Farm.

Our application for the issuance of strata title for Garden Court was submitted in April 2003.

We understand from the Malaysian authorities that various technical departments were involved in the processing, but we can expect the strata titles to be issued within the next six months.

The period of time taken so far for processing it is not uncharacteristic of other similar strata title applications in Malaysia.

However, the Strata Titles Act has been amended on 12 Apr this year to speed up the processes.

For example, the Act has introduced the Computerised System Of Strata Titles and an application may now be submitted prior to the issuance of the certificate of completion and compliance of the building.

We are confident that strata titles for future projects at Leisure Farm will be issued faster.

The buyers are entitled to sell or rent their property even prior to the issuance of the strata titles, and this is an accepted conveyancing practice in Malaysia.

The buyers' ownership and right to the units are also protected by law, and any suggestion that the buyers will lose their properties is incorrect.

Leisure Farm Resort Residences is an award-winning development and we assure all our buyers and owners that we will not evade our responsibilities.

- Ronn W Yong
General manager
Mulpha International Bhd

 

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